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MULN Stock Alert: Investors Brace for a Big I-GO Catalyst This Month

The Mullen Five vehicle is displayed at the 2021 LA Auto Show media day in Los Angeles, November, 18, 2021. MULN stock.

Following a remarkable month of tremendous upside, shares of electric vehicle upstart Mullen Automotive (NASDAQ:MULN) cooled off on Thursday afternoon. Late last month, Mullen announced that it would deliver its urban commercial delivery vehicle to the European market. Although the move presents potential upside opportunities for MULN stock, it also carries risks amid an uncertain economic environment.

On Dec. 22, Mullen disclosed in its press announcement that I-GO Commercial Urban Delivery EV arrived in Europe . . .

Written by biedex markets